Infographic: North America Freight Numbers In 2016
Of the five main freight transportation methods (truck, rail, pipeline, vessel, and air) in the US, rail is the only one to register an increase (0.2%) in 2016. In total, the value of all cross-border cargo movement between the US and its NAFTA (North American Free Trade Agreement) partners Canada and Mexico fell 3.4% to $1.069 trillion.
Trucks remain the most popular mode for transporting goods to and from Canada and Mexico, accounting for a massive 65.5% of the US-NAFTA trade. Rail follows with 15.5%, ocean freight with 5.5%, pipeline with 4.6% and air with 3.9%.
US – Canada freight
Freight flows between the US and Canada fell 5.4% from 2015 to $544 billion with trucks transporting 60.1% of this trade. Of the 50 states, the state of Michigan handled the most freight, up 3.9% to $71.8 billion. The top commodity category transported was vehicles and parts, registering over $106 billion. Of this, over 56% was transported by trucks.
US – Mexico freight
Overall freight trade between the US and Mexico also saw a dip of -1.1% to $525.1 billion. Again, trucks transported 71% of this freight, followed by rail with 14.7%. The top trading state with Mexico is Texas, with $173.7 billion. Overall, the top commodity transported between the US and Mexico was electrical machinery, with a value of $102.6 billion.
For a more visual view, here’s an infographic on the 2016 North America freight numbers:
Reference:Â icontainers.com
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Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.
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